On February 3, 2026, the Honorable Pamela K. Chen of the United States District Court for the Eastern District of New York granted preliminary approval of a settlement reached on behalf of (i) investors who held Centricus Acquisition Corp. units (CENHU) or Centricus Class A ordinary shares (CENH) as of July 26, 2021 (the record date for purposes of voting on the Merger); (ii) investors who purchased or otherwise acquired Arqit Quantum Securities (ARQQ, ARQQW) during the Class Period; and (iii) investors who purchased or otherwise acquired Arqit ordinary shares (ARQQ) and/or Arqit warrants (ARQQW) traceable to the effective “Registration Statement” filed with the SEC in connection with the September 2, 2021 offering or Arqit securities in connection with the Merger.
The settlement provides a $7 million relief for class members and resolves claims that Defendants made false and misleading statements in connection with the Merger and during the Class Period regarding, among other things, the capabilities of Arqit’s technology.
In preliminarily approving the settlement Judge Chen found that the settlement is “fair, reasonable and adequate to Settlement Class Members[.]” For settlement purposes, Judge Chen preliminarily certified Wolf Popper LLP as Co- Class Counsel.
The Court ordered that notice of the Settlement be sent to potential class members starting no later than March 3, 2026. Class members must submit a timely and valid claim form on or before June 22, 2026 in order to be eligible for a share of the net settlement fund. A hearing to consider final approval of the settlement is scheduled for June 1, 2026. Class members are not required to appear at the hearing. For more information about the settlement, including important deadlines, please review the long-form notice and other documents and information available at www.ArqitSecuritiesSettlement.com.